1 Wall Street Analyst Thinks Spirit Airlines Stock Is Going to $4. Is It a Sell?

A Barclays analyst recently reinstated coverage of Spirit Airlines (NYSE: SAVE) and slapped a $4 price target on it with an "underweight" rating. To put that figure into perspective, it was more than 17% lower than the share price at the time of writing. https://www.nasdaq.com/articles/1-wall-street-analyst-thinks-spirit-airlines-stock-is-going-to-$4.-is-it-a-sell